$2,526,000
$2,450,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1214 S Sycamore Ave Los Angeles, CA 90019
7 Beds
5 Baths
4,280 SqFt
Key Details
Sold Price $2,526,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $590
MLS Listing ID 24-417943
Sold Date 08/27/24
Style Spanish
Bedrooms 7
Year Built 1928
Lot Size 6,877 Sqft
Acres 0.1579
Property Sub-Type Multi-Family
Property Description
Presenting 1214 S. Sycamore Ave, an absolutely stunning fully renovated Spanish duplex with a brand new constructed ADU. All 3 units completely vacant! A rare find in the sought-after Mid-Wilshire area known for its prime location and excellent schools. This triplex performs incredibly well for an investor or a savvy buyer who wishes to live in one unit or even as a whole family compound, with a cap rate of 5% and projected rents of $6,000 for the downstairs unit $6,500 for the upstairs unit and $2,500 for the ADU. The allure of the duplex units is underscored by their generous layout, 3-bedroom, 2-bath, each offering almost 1,900 SF of living space that mirrors the comfort and privacy of a single-family home. Both units underwent extensive renovation and restoration work in 2018, featuring meticulously refinished original oak wood flooring, new HVAC systems, foundation retrofitting, and full re-piping, all carried out with necessary permits. The kitchens have been beautifully remodeled to reflect a timeless and sophisticated look, featuring quartz countertops and Samsung appliances, while the bathrooms have been completely updated as well, each equipped with Toto toilets. The remodel also introduced two new Navien water heaters with recirculating pumps, a full electrical rewire with new subpanels, and exquisite handcrafted wooden windows, each element approved by the HPOZ committee. The living room and primary bedroom of the upper unit opens onto their own private terraces, providing secluded retreats. The 1-bedroom 1-bath ADU, drenched in sunlight from its wall of windows and skylights, features everything new from its quartz countertops and new flooring to the GE appliances, complemented by a new patio deck that extends the living space outdoors. The property's curb appeal is enhanced by fully new landscaping, featuring pet-friendly artificial turf (20 year warranty) and a newly paved driveway, completing the residence's transformation.1214 S. Sycamore offers a blend of luxury, tranquility, and historical charm, perfect for those who appreciate exceptional quality and a smart investment.
Location
State CA
County Los Angeles
Area Beverly Center-Miracle Mile
Zoning LAR2
Rooms
Other Rooms Accessory Bldgs
Kitchen Gourmet Kitchen, Quartz Counters, Remodeled
Interior
Interior Features Plaster Walls, Living Room Balcony
Heating Central
Cooling Central
Flooring Hardwood
Equipment Dishwasher, Garbage Disposal, Gas Dryer Hookup, Water Conditioner, Refrigerator
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 2.0
Building
Story 2
Sewer In Street
Architectural Style Spanish
Level or Stories Two
Others
Special Listing Condition Standard
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